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Latsco selects Ascenz Marorka’s weather routing solution to equip part of its fleet

Ascenz Marorka1, a GTT Group company, announces that its advanced weather routing solution has been selected by shipping company Latsco Shipping Limited to equip eight vessels of its fleet2. Latsco selected Ascenz Marorka after a comprehensive market analysis and an extensive one-year testing phase on two of its vessels. The assessment period was divided into two phases. The first phase focused on data input/output, aiming to quantify the accuracy of the platform’s deliverables. The second phase involved assessing the platform’s user-friendliness from the point of view of both on-board and ...

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Damen introduces fully electric FCS 3210

Crew transfer vessel the next step forward in zero emission operations offshore At this year’s Seawork show in Southampton, UK, Damen Shipyards Group will unveil its latest vessel. The fully electric Fast Crew Supplier (FCS) 3210 E represents the next step forward in crew transfer solutions, paving the way to zero emissions transportation of crew and cargo to offshore locations. Optimal comfort, minimal resistance Damen has developed the FCS 3210 in response to feedback from the market calling for a larger crew transfer vessel. The design is based on Damen’s ...

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GTT Secures Two Major Approvals for its GTT NEXT1 LNG Cargo Containment System

GTT, the technology expert in membrane containment systems used to transport and store liquefied gases, has obtained a Design Approval (DA) from the classification society Bureau Veritas and a General Approval for Ship Application (GASA) from Lloyd’s Register for its GTT NEXT1 LNG cargo containment system. These two approvals, officially granted at the Posidonia 2024 maritime show in Athens, mark a major milestone for GTT NEXT1 technology. Through them, Bureau Veritas and Lloyd’s Register confirm that the technology complies with all applicable rules and regulations, including the International Maritime Organization’s ...

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HD Korea Shipbuilding & Offshore Engineering Signs New Shipbuilding Contracts

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on June 10 that it has recently signed a contract to build two PCs with a shipping company based in Middle East. – The total order amount is 148.4 billion KRW. – The two PCs will be built by HD Hyundai Mipo and are scheduled to be delivered by December 2026. – Including this order, HD Korea Shipbuilding & Offshore Engineering has received orders for a total of 112 ships (including 1 offshore ...

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Strategic Marine (S) Pte Ltd Signs Contract With Ventus Marine Ltd For Four (4) 27m Crew Transfer Vessels For Asia And Europe

Strategic Marine, a leading aluminium shipbuilder, is pleased to announce the construction of four 27m Z-Bow Crew Transfer Vessels (CTVs) to Ventus Marine in Europe and Taiwan. This milestone project is the result of a collaborative effort with renowned design firm BMT Limited, showcasing the latest advancements in marine engineering and technology. The contract signing signifies Strategic Marine’s commitment to delivering top-quality vessels tailored to meet the needs of the offshore wind support vessel market. These four 27m Crew Transfer Vessels have been crafted to excel in challenging operating environments, ...

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HD Hyundai’s ascent driven by visionary spinoff push

Many cast doubts on HD Hyundai Group’s decision to separate its ship maintenance, repair and overhaul (MRO) service in 2016. The move, however, has proved to be a masterstroke in reinvigorating South Korea’s No. 1 shipbuilding conglomerate eight years later. The combined market capitalization of HD Hyundai Group companies topped 50 trillion won ($36.3 billion) for the first time on May 28, elevating the shipbuilding and industrial group to Korea’s sixth-largest conglomerate. It was the ninth largest three years ago. It also widened the market cap gap further with the ...

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Strategic Marine (S) Pte Ltd Signs Contract With Ventus Marine Ltd For Four (4) 27m Crew Transfer Vessels For Asia And Europe

Strategic Marine, a leading aluminium shipbuilder, is pleased to announce the construction of four 27m Z-Bow Crew Transfer Vessels (CTVs) to Ventus Marine in Europe and Taiwan. This milestone project is the result of a collaborative effort with renowned design firm BMT Limited, showcasing the latest advancements in marine engineering and technology. The contract signing signifies Strategic Marine’s commitment to delivering top-quality vessels tailored to meet the needs of the offshore wind support vessel market. These four 27m Crew Transfer Vessels have been crafted to excel in challenging operating environments, ...

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Ghana’s New Ship Repair Dock Project Funding Sealed as Financiers Sign $94 MN Syndicated Loan

A consortium, including the African Development Bank (www.AfDB.org), has signed an agreement to extend $94 million in senior debt funding to PMD Assetco Limited (PMD) for the construction and operation of a floating dock ship repair facility in Ghana’s western Takoradi port. Other consortium members are the African Export-Import Bank (Afreximbank), the Eastern and Southern African Trade and Development Bank (TDB), and Petra Pension Schemes. With this milestone, the project, nicknamed “Shiprite,” has secured the total commitment of all providers for the required $137 million in capital. When completed, the ...

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HD KSOE gets $100 mn order for two PC ships

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Friday that it has recently signed a contract with a European shipping company to build two petrochemical product carriers (PC ships). The total order amount is 137.2 billion won ($100.4 million). The two PC ships ordered will be built at HD Hyundai Vietnam Shipbuilding and are scheduled to be delivered by December 2027. Including this order, HD KSOE has secured a total of 110 vessels (including one offshore facility) worth $12 billion so far, achieving 88.9% of ...

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China Takes Orders for 54 Ships vs. Korea’s 2 in May

The Korean shipbuilding industry’s share of global shipbuilding orders plummeted to less than 10 percent in May. This was blamed on a decline in orders for Korean shipbuilders’ main ship types including liquefied natural gas (LNG) carriers. Global ship orders totaled 1.8 million compensated gross tonnage (CGT) in May, down 51 percent from 3.69 million CGT a year earlier, according to data released by Clarkson Research, a UK-based shipbuilding and shipping market research firm. By country, China topped the standings with 1.54 million CGT (54 ships, 85 percent), followed by ...

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Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of New LNG-Powered Roll-on/Roll-off Ship TRANS HARMONY GREEN in Shimonoseki

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and launch ceremony for the TRANS HARMONY GREEN, the first of two LNG-powered roll-on/roll-off (RO/RO) ships* under construction for Toyofuji Shipping Co., Ltd. The ceremony took place at the Enoura Plant of MHI’s Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The ship’s handover is scheduled for late January 2025 following completion of outfitting work and sea trials. The TRANS HARMONY GREEN will serve as a RO/RO vessel on shipping routes in ...

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Damen and Atal Solutions announce partnership to slash shipping emissions

Damen Shipyards Group is proud to announce its role in a partnership with Atal Solutions and other parties that will deliver a significant boost for the maritime green transition. For BAM Shipping, the project partners will undertake the retrofit of four bulk carriers by integrating 8 different proven technologies. Damen’s role is to provide the vessels with fuel-saving and emission reduction technologies. Following this, the bulk carriers are anticipated to consume at least 20% less fuel and reduce up to 99% greenhouse gases (GHG). The increased efficiency paves the way ...

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Arctic Research Vessel “Dana V”

KNUD E. HANSEN proudly presents the first images of the 70-meter Arctic Research Vessel (KEH ARV-70), meticulously designed for the Danish National Institute of Aquatic Resources (DTU Aqua). Over the past year, the Dansk Dana Konsortium (DDK) – a strategic partnership between KNUD E. HANSEN (KEH) and Odense Maritime Technology (OMT) – has transformed the initial 68-meter concept into an extensive 70-m tender design. This evolution encompasses comprehensive engineering, propeller design, model testing (ice, manoeuvring, seakeeping, cavitation, and self-propulsion tests), underwater noise analysis, and innovative measures to minimize bubble sweep ...

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Strategic Marine Strengthens Offshore Wind Presence With Delivery Of Two 27m CTVs To Mainprize Offshore Ltd.

Singapore-based boat builder Strategic Marine continues to extend their track record of successful deliveries in the offshore wind sector, as it completes deliveries of 2 new Crew Transfer Vessels (CTVs) for UK based Mainprize Offshore Ltd. These two vessels are part of the leading UK-based CTV owner and operator’s ongoing fleet expansion and will add to its current fleet of 11 vessels. Scheduled for operations in European waters from July 2024 onwards, both vessels will be carrying out crew transfers in Europe, often in higher waves resulting in less down ...

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HD Korea Shipbuilding & Offshore Engineering Showcases Advanced Ammonia Emission Reduction Tech

On May 31, HD Korea Shipbuilding & Offshore Engineering held an “International Tech Forum” in Athens, Greece, inviting over 100 shipbuilding and maritime professionals from around the world. During the event, the company unveiled a new eco-friendly technology capable of reducing the emission levels of toxic gases from ammonia fuel to zero. The technology revealed by the company is a proprietary integrated ammonia scrubber system. While globally, shipbuilders are developing ammonia-fueled vessels that attract attention as environmentally friendly ships with zero carbon emissions, the key issue remains the safe elimination ...

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